Originally posted by Jason Grote:
Jon Klaus, I have heard that the growth is being pushed out West in the Austin area. With the completion of Hwy 290, Dripping Springs is going to be getting a lot of attention. Buda & Kyle are worthy of attention, but San Marcos is not a good market and probably won't be for years. It is a city that is in it's own universe. It doesn't follow normal market trends and really doesn't follow any pattern at all. This is probably because of the large university there. I would be interested to hear if anyone else has thoughts on the outlying Austin areas?
I agree that San Marcos is its own world. I lived there many years ago and it's a college/recreational town. Kyle/Buda growing rapidly, will be a Round Rock sort of market. But still a little far out to downtown Austin. Dripping Springs will depend on how the highway goes. Austin isn't very good about highway planning as we all know. Same with Lakeway, lots of new lots and roads, but still only 620, Bee Caves Rd and 71 running into 290 to get out, which affect Dripping Springs growth. Traffic is horrible out there. Cedar Park is good, but only so much room for growth, Leander/Liberty Hill lots of room, but no infrastructure to support growth in water/sewage. The toll road that way will help a lot and will be poised for middle class growth in next few years. Georgetown primarily old school and Sun City there, they don't put up with a lot of crap there and never have, so I don't see huge growth. Jarrell kinda far out. Round Rock landlocked except in northeast side where growth is happening right now. Lots of large apartment complexes in last 5 years, getting more run down. I know cause I live in Round Rock, the quality of people has gone down. Hutto no infrastructure like Liberty Hill area, but poised for growth, just run poorly. It was a very small town and has experienced great growth, just gotta see how they handle it. Lots of room to grow. Taylor/Elgin/Manor dumpy towns. Pflugerville in growth state, but they seem lost. Landlocked to apoint, they can go across toll 130. Just doesn't seem to have good leadership, lots of squabbles about water.
I guess it really depends on what your goals are. Who are you marketing to or what do you want to accomplish. The markets are different. Its my opinion from what I see driving around everyday.